Business
Sukhiba an ecommerce startup raises $1.55 million in a seed extension round
Sukhiba has completed a $1.55 million seed extension round led by EQ2 Ventures. Other top-tier investors participating in...
Electric Vehicle Revolution: Building the Infrastructure for a Greener Future
As Kenya accelerates its push towards sustainable development, the transport sector stands at the forefront of this transformation....
Bolt raises fares by 10% across all ride categories
Bolt has announced a 10% increase in base fares across all its ride categories. This follows an uproar...
Absa Bank reports a 29% rise in net profit to Ksh. 10.7 Billion in H1 2024
Absa Bank Kenya has reported a profit after tax of Kshs.10.7 billion for the half year ended 30...
Qatar Airways has acquired a 25% equity stake in South Africa’s Airlink
Qatar Airways has announced the acquisition of a 25% stake in South African independent regional carrier, Airlink. The...
KCB Group reports a 86% rise in net profit to Kshs.29.9 Billion in H1
KCB Group net profit has risen by 86% to KShs.29.9 billion for the first half of the year...
Twiga Foods to lay off 59 employees as it restructures its business
Twiga Foods has indicated that they will lay off 59 employees as they restructure their business. This will...
Absa Bank to open 17,000 agency outlets in two years
Absa Bank Kenya has announced plans to open over 17,000 agency service outlets across the country in two...
Bolt partners with Hakki Africa to give vehicle financing to its drivers
Bolt has announced a partnership with Hakki Africa to provide vehicle financing for drivers on its platform, in...
Kenya Airways reports a 102% rise in net profit to Ksh. 513 Million for the Half Year
Kenya Airways has posted a Ksh. 513 Million net profit for the half year June 2024, this is...